US trade with Armenia in the 3rd quarter of 2017

Published or Updated: Mar 31, 2018

The report on US foreign trade in goods with Armenia in the 3rd quarter of 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Armenia

In the 3rd quarter of 2017, US trade with Armenia totaled $35.4 million, up 66.57% ($14.2 million) from the 3rd quarter of 2016.

US exports to Armenia in the 3rd quarter of 2017 totaled $13.8 million, up 78.53% ($6.1 million) from the 3rd quarter of 2016.

US imports from Armenia in the 3rd quarter of 2017 totaled $21.6 million, up 59.72% ($8.1 million) from the 3rd quarter of 2016.

US trade deficit with Armenia in the 3rd quarter of 2017 was $7.8 million, a 34.48% increase ($2.0 million) over the 3rd quarter of 2016.

Armenia was the US 156th largest trading partner in the 3rd quarter of 2017 (up from 161st in the 3rd quarter of 2016), accounting for 0.0036% of US total trade (up from 0.0026% in the 3rd quarter of 2016).

Armenia was the US 155th largest export market in the 3rd quarter of 2017 (up from 169th in the 3rd quarter of 2016), accounting for 0.0036% of US total exports (up from 0.0022% in the 3rd quarter of 2016).

Armenia was the US 128th largest supplier in the 3rd quarter of 2017 (up from 130th in the 3rd quarter of 2016), accounting for 0.0036% of US total imports (up from 0.0029% in the 3rd quarter of 2016).

US Exports to Armenia

The major share of US exports to Armenia in the 3rd quarter of 2017 (and in the 3rd quarter of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 35.96% of US total exports to Armenia (46.78% in the 3rd quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 15.57% of US total exports to Armenia (13.55% in the 3rd quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 15.24% of US total exports to Armenia (0.75% in the 3rd quarter of 2016);
  • Precious metals and stones (HS code 71) - 12.86% of US total exports to Armenia (12.74% in the 3rd quarter of 2016);
  • Chemical products (HS codes 28-40) - 11.43% of US total exports to Armenia (6.93% in the 3rd quarter of 2016).

The largest gains in US exports to Armenia in the 3rd quarter of 2017 over the 3rd quarter of 2016 were recorded for the following product groups:

  • Man-made staple fibers (HS code 55) - an increase of $2,040.4 thousand;
  • Meat and edible meat offal (HS code 02) - an increase of $1,239.8 thousand;
  • Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin (HS code 71) - an increase of $792.5 thousand;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $764.7 thousand;
  • Plastics and articles thereof (HS code 39) - an increase of $714.3 thousand;
  • Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles (HS code 85) - an increase of $480.8 thousand;
  • Pharmaceutical products (HS code 30) - an increase of $271.7 thousand;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $141.9 thousand;
  • Edible fruit and nuts; peel of citrus fruit or melons (HS code 08) - an increase of $138.6 thousand;
  • Miscellaneous chemical products (HS code 38) - an increase of $51.8 thousand;
  • Paper and paperboard; articles of paper pulp, of paper or of paperboard (HS code 48) - an increase of $43.6 thousand.

The largest declines in US exports to Armenia in the 3rd quarter of 2017 over the 3rd quarter of 2016 were recorded for the following product groups:

  • Works of art, collectors’ pieces and antiques (HS code 97) - a decrease of $307.8 thousand;
  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - a decrease of $258.6 thousand;
  • Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings (HS code 94) - a decrease of $90.0 thousand;
  • Arms and ammunition; parts and accessories thereof (HS code 93) - a decrease of $59.9 thousand;
  • Organic chemicals (HS code 29) - a decrease of $59.6 thousand;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $51.1 thousand;
  • Articles of apparel and clothing accessories, not knitted or crocheted (HS code 62) - a decrease of $43.4 thousand.
US exports to Armenia in the 3rd quarter of 2017 by product groups
HS
code
Name of product group Value
of exports
in Q3 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in Q3 2016
(USD thousand)
Change
in Q3 2017
over Q3 2016
(%)
02 Meat and edible meat offal 1,933.8 13.97 694.0178.65
03 Fish and crustaceans, molluscs and other aquatic invertebrates 0.0 0.00 258.6-100.00
05 Products of animal origin, not elsewhere specified or included 21.6 0.16 13.955.00
08 Edible fruit and nuts; peel of citrus fruit or melons 138.6 1.00 0.0
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 0.0 0.00 5.9-100.00
17 Sugars and sugar confectionery 7.0 0.05 17.5-60.06
18 Cocoa and cocoa preparations 10.4 0.07 19.2-46.10
19 Preparations of cereals, flour, starch or milk; bakers’ wares 2.6 0.02 3.1-16.59
20 Preparations of vegetables, fruit, nuts or other parts of plants 11.8 0.09 11.52.94
21 Miscellaneous edible preparations 0.0 0.00 12.8-100.00
22 Beverages, spirits and vinegar 21.6 0.16 13.757.20
24 Tobacco and manufactured tobacco substitutes 7.1 0.05 0.0
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 13.0 0.09 8.946.43
29 Organic chemicals 93.6 0.68 153.2-38.91
30 Pharmaceutical products 434.9 3.14 163.2166.44
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 103.7 0.75 70.048.28
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 43.4 0.31 19.1127.30
34 Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modeling pastes, "dental waxes" and dental preparations with a basis of plaster 0.0 0.00 3.4-100.00
38 Miscellaneous chemical products 136.0 0.98 84.261.59
39 Plastics and articles thereof 728.6 5.26 14.35,012.18
40 Rubber and articles thereof 29.0 0.21 21.335.89
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 4.6 0.03 0.0
44 Wood and articles of wood; wood charcoal 7.2 0.05 0.0
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 57.0 0.41 13.4325.52
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 0.0 0.00 2.7-100.00
54 Man-made filaments 35.1 0.25 0.0
55 Man-made staple fibers 2,040.4 14.74 0.0
62 Articles of apparel and clothing accessories, not knitted or crocheted 0.0 0.00 43.4-100.00
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 33.0 0.24 14.7124.67
69 Ceramic products 0.0 0.00 13.9-100.00
70 Glass and glassware 3.5 0.03 3.28.89
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 1,780.4 12.86 987.880.23
72 Iron and steel 22.0 0.16 4.1441.31
73 Articles of iron or steel 40.8 0.30 30.235.34
75 Nickel and articles thereof 5.8 0.04 0.0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 1,544.4 11.16 1,595.4-3.20
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 869.5 6.28 388.6123.73
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 1,687.9 12.20 923.182.84
88 Aircraft, spacecraft, and parts thereof 20.7 0.15 7.1192.90
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 854.2 6.17 712.319.92
91 Clocks and watches and parts thereof 0.0 0.00 37.7-100.00
92 Musical instruments; parts and accessories of such articles 9.0 0.07 6.931.88
93 Arms and ammunition; parts and accessories thereof 0.0 0.00 59.9-100.00
94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings 3.5 0.03 93.5-96.26
95 Toys, games and sports requisites; parts and accessories thereof 26.4 0.19 28.6-7.78
97 Works of art, collectors’ pieces and antiques 0.0 0.00 307.8-100.00

US Imports from Armenia

The major share of US imports from Armenia in the 3rd quarter of 2017 (and in the 3rd quarter of 2016) was accounted for the following product types:

  • Metals and products from them (HS codes 72-83) - 63.00% of US total imports from Armenia (49.77% in the 3rd quarter of 2016);
  • Precious metals and stones (HS code 71) - 8.27% of US total imports from Armenia (12.12% in the 3rd quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 8.18% of US total imports from Armenia (9.18% in the 3rd quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 8.16% of US total imports from Armenia (22.22% in the 3rd quarter of 2016);
  • Mineral products (HS codes 25-27) - 3.30% of US total imports from Armenia (0.00% in the 3rd quarter of 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 1.86% of US total imports from Armenia (0.51% in the 3rd quarter of 2016);
  • Wood and wood products (HS codes 44-49) - 0.02% of US total imports from Armenia (1.37% in the 3rd quarter of 2016).

The largest gains in US imports from Armenia in the 3rd quarter of 2017 over the 3rd quarter of 2016 were recorded for the following product groups:

  • Aluminum and articles thereof (HS code 76) - an increase of $6,870.5 thousand;
  • Works of art, collectors’ pieces and antiques (HS code 97) - an increase of $1,106.0 thousand;
  • Ores, slag and ash (HS code 26) - an increase of $712.5 thousand;
  • Articles of apparel and clothing accessories, not knitted or crocheted (HS code 62) - an increase of $536.3 thousand;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $293.2 thousand;
  • Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin (HS code 71) - an increase of $148.5 thousand.

The largest declines in US imports from Armenia in the 3rd quarter of 2017 over the 3rd quarter of 2016 were recorded for the following product groups:

  • Beverages, spirits and vinegar (HS code 22) - a decrease of $727.7 thousand;
  • Preparations of vegetables, fruit, nuts or other parts of plants (HS code 20) - a decrease of $428.5 thousand;
  • Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans (HS code 49) - a decrease of $180.1 thousand;
  • Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included (HS code 04) - a decrease of $86.5 thousand.
US imports from Armenia in the 3rd quarter of 2017 by product groups
HS
code
Name of product group Value
of imports
in Q3 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in Q3 2016
(USD thousand)
Change
in Q3 2017
over Q3 2016
(%)
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 30.2 0.14 116.7-74.16
07 Edible vegetables and certain roots and tubers 0.0 0.00 7.1-100.00
08 Edible fruit and nuts; peel of citrus fruit or melons 0.0 0.00 3.0-100.00
09 Coffee, tea, maté and spices 15.1 0.07 0.0
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 0.0 0.00 6.0-100.00
17 Sugars and sugar confectionery 7.0 0.03 0.0
20 Preparations of vegetables, fruit, nuts or other parts of plants 570.5 2.64 999.0-42.89
21 Miscellaneous edible preparations 96.8 0.45 92.24.93
22 Beverages, spirits and vinegar 1,043.4 4.83 1,771.1-41.09
24 Tobacco and manufactured tobacco substitutes 0.0 0.00 10.5-100.00
26 Ores, slag and ash 712.5 3.30 0.0
29 Organic chemicals 12.5 0.06 0.0
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 10.3 0.05 28.9-64.34
34 Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modeling pastes, "dental waxes" and dental preparations with a basis of plaster 0.0 0.00 4.7-100.00
39 Plastics and articles thereof 0.0 0.00 1.9-100.00
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 15.1 0.07 5.1196.74
43 Furskins and artificial fur; manufactures thereof 0.8 0.00 0.0
44 Wood and articles of wood; wood charcoal 4.4 0.02 5.3-18.35
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 0.0 0.00 180.1-100.00
57 Carpets and other textile floor coverings 9.0 0.04 29.8-69.79
61 Articles of apparel and clothing accessories, knitted or crocheted 2.1 0.01 9.6-78.32
62 Articles of apparel and clothing accessories, not knitted or crocheted 1,729.5 8.00 1,193.244.95
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 12.5 0.06 8.350.25
64 Footwear, gaiters and the like; parts of such articles 14.9 0.07 0.62,533.51
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 12.6 0.06 0.0
70 Glass and glassware 0.0 0.00 12.3-100.00
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 1,787.6 8.27 1,639.09.06
76 Aluminum and articles thereof 13,598.9 62.93 6,728.4102.11
83 Miscellaneous articles of base metal 13.9 0.06 4.6201.54
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 68.4 0.32 31.1119.91
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 10.8 0.05 7.936.62
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 323.1 1.50 29.9979.72
95 Toys, games and sports requisites; parts and accessories thereof 32.9 0.15 81.0-59.41
96 Miscellaneous manufactured articles 0.0 0.00 4.1-100.00
97 Works of art, collectors’ pieces and antiques 1,251.8 5.79 145.8758.46
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce